Retirement Planning

The 6th April 2015 saw the most radical changes to private pensions for a generation. The general message was for ‘freedom and choice in pensions’. This means that there are many more options, and for those who know what they’re doing it’s great, but it also means it’s easier to make a mistake.

This is all about how you use your pension savings yet for decades most people have effectively needed to use the money to buy an annuity.

This is an opportunity to discuss your finances and identify some of the issues that will affect you as you enter into retirement, and make decisions based on your own personal circumstances.

Retirement planning is important no matter what stage of life you are at and having a workable goal in place is a good place to start.

We also realise that for many people their pension fund can be their largest asset. With increasing reliance on the private sector it is essential that clients receive the very best advice when it comes to their pensions.

The areas that we can currently offer advice on are as follows:

• Personal Pensions
• Stakeholder Pensions
• Personal Pension Transfers
• Group Pension Schemes
• Self Invested Pension Schemes

As part of our service we will review your existing pension schemes and provide you with a report that will analyse the past performance of your pension funds as well as assessing the charges on your plan plus any other benefits that the plan might offer.

A pension is a long term investment. The fund value may fluctuate and can go down. Your eventual income may depend upon the size of the fund at retirement, future interests rates and tax legislation.